INFY FY 2026 Earnings Report — Infosys Limited Revenue & Financial Results | Market Cap Arena

Infosys LimitedINFY

FY 2026 Earnings

Reported March 31, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2026	Prior Q	FY 2025	QoQ Change	YoY Change
Revenue	$20.2B	—	$19.3B	—	4.6%
Op. Income	$4.1B	—	$4.1B	—	0.3%
Gross Margin	30.2%	—	30.5%	—	-0.3pp
Net Margin	16.4%	—	16.4%	—	0.0pp
EPS (Diluted)	$0.00	—	$0.76	—	-100.0%
Free Cash Flow	$3.7B	—	$4.1B	—	-8.7%

Revenue Flow

Item	Amount
REVENUE	$20.2B
Cost of Revenue	$14.1B
GROSS PROFIT	$6.1B
R&D Expenses	$0
Selling & Marketing	$1.0B
General & Administrative	$969M
SG&A Expenses	$2.0B
Other Expenses	$0
Operating Expenses	$2.0B
Cost & Expenses	$16.1B
OPERATING INCOME	$4.1B
Interest Income	$0
Interest Expense	$47M
Other Income/Expenses	$421M
INCOME BEFORE TAX	$4.5B
Income Tax Expense	$1.2B
Net Income from Continuing Ops	$3.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.3B
D&A	$552M
EBIT	$4.6B
EBITDA	$5.1B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$20.2B
Cost of Revenue	$14.1B
GROSS PROFIT	$6.1B
R&D Expenses	$0
Selling & Marketing	$1.0B
General & Administrative	$969M
SG&A Expenses	$2.0B
Other Expenses	$0
Operating Expenses	$2.0B
Cost & Expenses	$16.1B
OPERATING INCOME	$4.1B
Interest Income	$0
Interest Expense	$47M
Other Income/Expenses	$421M
INCOME BEFORE TAX	$4.5B
Income Tax Expense	$1.2B
Net Income from Continuing Ops	$3.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.3B
D&A	$552M
EBIT	$4.6B
EBITDA	$5.1B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$3.3B
Depreciation & Amortization	$552M
Stock-Based Compensation	$108M
Deferred Income Tax	$1.2B
Other Non-Cash Items	-$868M
Change in Working Capital	-$259M
OPERATING CASH FLOW	$4.0B
Capital Expenditure	-$306M
Acquisitions (Net)	-$77M
Purchases of Investments	-$10.9B
Sales/Maturities of Investments	$11.2B
Other Investing Activities	$75M
NET CASH FROM INVESTING	$10M
Net Debt Issuance	-$318M
Common Stock Repurchased	-$2.0B
Common Dividends Paid	-$2.1B
Other Financing Activities	-$28M
NET CASH FROM FINANCING	-$4.5B
FREE CASH FLOW	$3.7B
Net Change in Cash	-$520M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.3B
Short-Term Investments	$1.4B
Net Receivables	$6.2B
Inventory	$0
Other Current Assets	$124M
TOTAL CURRENT ASSETS	$10.9B
PP&E (Net)	$2.1B
Goodwill	$1.3B
Intangible Assets	$298M
Long-Term Investments	$1.0B
Tax Assets	$239M
Other Non-Current Assets	$619M
TOTAL NON-CURRENT ASSETS	$5.5B
TOTAL ASSETS	$16.4B
Account Payables	$500M
Short-Term Debt	$0
Deferred Revenue	$1.2B
Other Current Liabilities	$1.4B
TOTAL CURRENT LIABILITIES	$5.5B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$177M
Other Non-Current Liabilities	$279M
TOTAL NON-CURRENT LIABILITIES	$1.1B
TOTAL LIABILITIES	$6.6B
Common Stock	$319M
Additional Paid-In Capital	$492M
Retained Earnings	$13.5B
Treasury Stock	$0
Accum. Other Comp. Income	$771M
Other Equity	-$5.3B
TOTAL STOCKHOLDERS' EQUITY	$9.8B
Minority Interest	$54M
TOTAL EQUITY	$9.8B
TOTAL LIABILITIES & EQUITY	$16.4B
Total Debt	$967M
Net Debt	-$1.4B